If a Company Has Other Receivables on Its Balance Sheet

question 156

Multiple Choice

If a company has Other receivables on its balance sheet it most likely will show ________ on its income statement.

• A)Interest revenue
• B)Interest expense
• C)Interest receivable
• D)Interest payable

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Definitions:

Direct Application

The process of directly administering substances, treatments, or forces to a specific area or problem for therapeutic purposes.

Scored Tablet

A tablet medication marked with a line that allows it to be easily split into equal doses.

Bias

A tendency to lean in a certain direction, either in favor of or against a particular thing, person, or group compared with another, often in a way considered to be unfair.

Journalizing

The process of recording a transaction entry into the journal.